Working within the Federal Reserve System, the New York Fed implements monetary policy, supervises and regulates financial institutions and helps maintain the nation's payment systems.
As part of our core mission, we supervise and regulate financial institutions in the Second District. Our primary objective is to maintain a safe and competitive U.S. and global banking system.
The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support
to international institutions.
Olivier Armantier, Gizem Kosar, Rachel Pomerantz, Daphné Skandalis, Kyle Smith, Giorgio Topa, and Wilbert van der Klaauw
Federal Reserve Bank of New York Staff Reports, November 2020
Andrew F. Haughwout, Donghoon Lee, Joelle W. Scally, Lauren Thomas, and Wilbert van der Klaauw
Federal Reserve Bank of New York Staff Reports, April 2019
Meta Brown, Andrew F. Haughwout, Donghoon Lee, and Wilbert van der Klaauw
FEDERAL RESERVE BANK OF NEW YORK CURRENT ISSUES IN ECONOMICS AND FINANCE, April 2013